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Feb 13, 2013
02/13
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concerned in this country. >> narrator: and cantor had that debt ceiling threat. if the president wouldn't cut spending, he and the new republicans would force the issue. >> we all saw the debt ceiling as the best lever we had to make some changes, to deal with the spending problem, to deal with the big government problem. >> if the government were to fail to raise the debt ceiling, you would see an immediate panic in the market... >> white house showdown with house republicans... >> narrator: at the white house, treasury secretary timothy geithner knew just how serious cantor's threat was. >> geithner says, "we could trigger a depression worse than the 1930s. it will be indelible. it will be... it will last for generations." tim geithner is one scared secretary of the treasury. >> when secretary geithner and the rest of us spoke to the president, we were very clear. a default would be unprecedented in our country. it would absolutely lead to a serious downgrading of our credit rating. >> narrator: geithner said they had only weeks to act before the country ran ou
concerned in this country. >> narrator: and cantor had that debt ceiling threat. if the president wouldn't cut spending, he and the new republicans would force the issue. >> we all saw the debt ceiling as the best lever we had to make some changes, to deal with the spending problem, to deal with the big government problem. >> if the government were to fail to raise the debt ceiling, you would see an immediate panic in the market... >> white house showdown with house...
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Feb 21, 2013
02/13
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ceiling. fight on the sequester to say in nine days that they have wrangled, you know, a significant amount of cuts out of the obama administration, an administration they say doesn't want to cut spending and then going to the cr, that's the washington speak for the next budget at the end of march and then i think that's when you see the negotiations and republicans can say, look, we have banked the savings. sequester goes in to effect probably slowly. won't see the huge impacts and then the president out there with first responders and schoolteachers saying the sky is falling and i -- what i expect will happen is what the polls say has to happen. republicans have to come to the table and bring revenue and try to get some deal. if it continues on this path, really looking for a world of hurt for the rest of the year, i think. >> michael, i just want to point out toure doesn't read "the washington examiner." >> i read it every day. >> the key is wrong. i had it written down right and it's wrong
ceiling. fight on the sequester to say in nine days that they have wrangled, you know, a significant amount of cuts out of the obama administration, an administration they say doesn't want to cut spending and then going to the cr, that's the washington speak for the next budget at the end of march and then i think that's when you see the negotiations and republicans can say, look, we have banked the savings. sequester goes in to effect probably slowly. won't see the huge impacts and then the...
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Feb 21, 2013
02/13
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debt ceiling versus fiscal cliff and now the sequester and as jonathan pointed out, the sequester cuts kind of a rolling cut. they don't really get this. i'll say the white house is probably in a better position messagingwise because what they can do right now and what they are doing right now is pointing to the individual cuts and that resonates with voters and people who are monitoring the news, being able to say, oh, meatpackers can't inspect meat or longer lines at the airport. the resonates with people and effective messaging on their part and republicans don't have that same luxury right now. >> does it resonate only with the people that agree with the president? you talk about, for example, not likely that the republicans in the reddest part of the country receiving calls of constituents. is this again another situation where it resonates? if that's what you believe and going back to the core of this, this huge gap in this country and in people elected to represent us on what should be done particularly when it comes to tax revenue, shira? >> well, i think the people who agree w
debt ceiling versus fiscal cliff and now the sequester and as jonathan pointed out, the sequester cuts kind of a rolling cut. they don't really get this. i'll say the white house is probably in a better position messagingwise because what they can do right now and what they are doing right now is pointing to the individual cuts and that resonates with voters and people who are monitoring the news, being able to say, oh, meatpackers can't inspect meat or longer lines at the airport. the...
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Feb 14, 2013
02/13
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we're going to have another debt ceiling debate in the summer. now rather than the burden being on the democrats to figure out the problems, i really think the burden is on the republicans because if they have cause these crises time and time again, the american public sees what is going on and understands who is responsible. >> the president is offering them the chance to avoid the disaster. he is doing it with a combination of let's raise some revenue through tax loopholes on the rich. but he also made an offer on medicare last night. >> we'll rooster subsidies to prescription drug companies. and ask more from the wealthiest. we'll bring down the costs by changing the way the government pays for medicare. because our bills shouldn't be based on the number of tests or days spent in the hospital. they should be based on the manner of care our seniors agree. i am open to both, as long as they don't violate the security for retirement. >> i think we have to see what is in the fine print. to say you don't want to pay by the number of tests that are
we're going to have another debt ceiling debate in the summer. now rather than the burden being on the democrats to figure out the problems, i really think the burden is on the republicans because if they have cause these crises time and time again, the american public sees what is going on and understands who is responsible. >> the president is offering them the chance to avoid the disaster. he is doing it with a combination of let's raise some revenue through tax loopholes on the rich....
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Feb 21, 2013
02/13
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ceiling, threatening to not pay the bills the government has already accrued. the country about and the economy again on the brink. hours before that self-imposed economic doomsday for us and the planet, the president announces that a deal has been struck. it was close and unpleasant, and it was all on purpose. that was july. by september, same year, another threatened government shutdown. this time it was the senate that had to find its way back from the edge of catastrophe, but they did it with something like 90 minutes to spare. then this past december, let's all go back to the brink. congressional republicans threatening an avalanche of tax hikes and other recession-inducing budget cuts. it's the fiscal cliff, look out! congressional republicans blew right past the new year's eve deadline and then after the sky was supposed to have fallen, a deal was made shortly thereafter to retroactively avert said disaster. remember all that? well, here we are again, back at the brink again. do brinks wear out if you use them too much? for the seventh time since winning
ceiling, threatening to not pay the bills the government has already accrued. the country about and the economy again on the brink. hours before that self-imposed economic doomsday for us and the planet, the president announces that a deal has been struck. it was close and unpleasant, and it was all on purpose. that was july. by september, same year, another threatened government shutdown. this time it was the senate that had to find its way back from the edge of catastrophe, but they did it...
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Feb 19, 2013
02/13
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it was the republicans saying we're not going to routinely raise the debt ceiling the way we have in the past. we're going to force you to accept budget cuts and they cut a deal with the president and the president didn't like it but he felt forced to do so with these sequestered cuts if they couldn't come up with other forms of cuts by that commission that no one even remembers anymore. and so this is where we are. this is what the republicans agreed to lock themselves into, and all along from the very beginning the president said i'll be happy to get rid of these sequestered cuts if you give a little on tax revenues. if you do something with loopholes or raise more of the rates on the well to do, and they just keep saying no, no, no, no, no. so they're stuck with the deal they made, and mitch mcconnell was at this, too. so they can try to pin this on the president, but really i think they're going to fail to do that and we'll see where the public goes when the planes stop flying. >> i think david makes an important point. we need to remember this idea was, okay, we are going to jum
it was the republicans saying we're not going to routinely raise the debt ceiling the way we have in the past. we're going to force you to accept budget cuts and they cut a deal with the president and the president didn't like it but he felt forced to do so with these sequestered cuts if they couldn't come up with other forms of cuts by that commission that no one even remembers anymore. and so this is where we are. this is what the republicans agreed to lock themselves into, and all along from...
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Feb 16, 2013
02/13
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ceiling. the sequester, it really aims at the wrong side of the problem. the long-term challenge is entitlements, the sequester is fundamentally about discretionary spending, from a fiscal hawk point of view it doesn't get to the issue. >> what you say, ron, revenue, additional tax increases? >> from a -- tactical point of view, the democrats are putting themselves in the position by not getting everything they want. asking the republicans to come back and asking for a second tax increase is asking for a lot, politically. >> what about that dana? >> absolutely, the moment the deal was struck on new year's eve or new year's day, kind of a blur, republicans came out and said if the democrats think they will get anymore tax increases they're living on mars. it is not going to happen. it is it, we're done, not going to happen. you're exactly right, we're done. what is so fascinating, making people frustrated with washington right now is exactly what you said, ron, the whole point of the sequester
ceiling. the sequester, it really aims at the wrong side of the problem. the long-term challenge is entitlements, the sequester is fundamentally about discretionary spending, from a fiscal hawk point of view it doesn't get to the issue. >> what you say, ron, revenue, additional tax increases? >> from a -- tactical point of view, the democrats are putting themselves in the position by not getting everything they want. asking the republicans to come back and asking for a second tax...
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Feb 21, 2013
02/13
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debt ceiling he was dragged down almost -- he's never been had low as -- he was dragged down. is there a risk here for the president if he uses a lot of bluster but then looks like he can't get something do i know? >> i don't think so. i think this is what he has at his disposal. he's been very good at, he and his team have been very good at taking it to the streets, so to speak. he's campaigning out there for this. he's standing up there with first responders. i wouldn't put it past him standing up with air traffic controllers. and this is what he has at his disposal. and frankly, it's working. congress's approval rating, pretty low still. >> couldn't you argue, the republican party strategy over the last few years of saying no to everything president obama won largely helped him get re-elected. >> what i don't understand is the republican messaging here, why they don't, and it goes to sort of the -- ♪ who's that lady? ♪ who's that lady? ♪ sexy lady ♪ who's that lady? [ female announcer ] swiffer sweeper's electrostatic dry cloths attract and lock dirt, dust, and hair
debt ceiling he was dragged down almost -- he's never been had low as -- he was dragged down. is there a risk here for the president if he uses a lot of bluster but then looks like he can't get something do i know? >> i don't think so. i think this is what he has at his disposal. he's been very good at, he and his team have been very good at taking it to the streets, so to speak. he's campaigning out there for this. he's standing up there with first responders. i wouldn't put it past him...
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Feb 14, 2013
02/13
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ceiling, these other issues. they're trying to back away now and blame this on the president. i don't think it's going to work. >> and basically with john boehner saying they are not on board with anything the president has to do agenda wise. a minimum wage hike is basically d.o.a. >> that's probably right. i just don't think that a hike in the minimum wage will pass, you know, the house of representatives today. but at the end of the day, the president was right. they deserve a vote. working families around this country deserve a vote. and if you vote against the minimum wage, you ought to be able to go back home and defend it before your constituents. >> great to see you this morning, thanks for joining me. >> thanks for having me. >> absolutely. >>> coming up next, he was the first double amputee to run in the olympics, but the man known as the blade runner is a suspect in a murder. >>> and it's a new segment we kicked off this week. today's pick comes from the spirit of valentine's day, why it's a good reason
ceiling, these other issues. they're trying to back away now and blame this on the president. i don't think it's going to work. >> and basically with john boehner saying they are not on board with anything the president has to do agenda wise. a minimum wage hike is basically d.o.a. >> that's probably right. i just don't think that a hike in the minimum wage will pass, you know, the house of representatives today. but at the end of the day, the president was right. they deserve a...
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Feb 20, 2013
02/13
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they have been seeing shutdown talk, debt ceiling talk, this stupid named sequestration and all they hear is trouble in the nation's capital. the inability of our own government which has been elected to do its job. i think it's hurting the economy. your thoughts. >> absolutely hurting the economy. what people want in business and family life is some stability. they want the ability to plan. they want to know what are my taxes going to be. they want to know, you know, am i going to have a job. am i going to be laid off. and all they want is some solidity to plan with. when we go through these crises, it's incredibly destructive. >> do you think the right wing people know when they're sitting in their chairs voting no, no, no, bringing one manufactured crisis to bear after another that they're just happy when they pick up the paper and say public confidence going down. that's good for our party. >> we know that grover norquist starving the beast of resources. now they're starving the beast of credibility. they're starving the beast of the federal government with any public confidence
they have been seeing shutdown talk, debt ceiling talk, this stupid named sequestration and all they hear is trouble in the nation's capital. the inability of our own government which has been elected to do its job. i think it's hurting the economy. your thoughts. >> absolutely hurting the economy. what people want in business and family life is some stability. they want the ability to plan. they want to know what are my taxes going to be. they want to know, you know, am i going to have a...
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Feb 21, 2013
02/13
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spending cuts extending the debt ceiling increase, and spending caps. but while pushing those spending caps, boehner did what? he highlighted a special trigger mechanism -- sequestration. boehner was selling this idea to his caucus as a good way to make sure that they were going to be able to get the cuts that they really wanted. boehner loved the sequester. he said it would be a great way to make sure spending is cut across the board, and that's what the republicans wanted. when the bill was signed, boehner told the country, he told everybody just how much he loved it. >> when you look at this final agreement that we came to with the white house, you know, i got 98% of what i wanted. i'm pretty happy. >> wait a minute now. i thought it was the president's plan. see, folks, the lying just keeps coming. boehner continued his lies in an op-ed today. he said the president got his higher taxes, $600 billion from higher earners and no spending cuts at the end of 2012. well, let's do a little math for the speaker of the house. $1.2 trillion is greater than $6
spending cuts extending the debt ceiling increase, and spending caps. but while pushing those spending caps, boehner did what? he highlighted a special trigger mechanism -- sequestration. boehner was selling this idea to his caucus as a good way to make sure that they were going to be able to get the cuts that they really wanted. boehner loved the sequester. he said it would be a great way to make sure spending is cut across the board, and that's what the republicans wanted. when the bill was...
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Feb 15, 2013
02/13
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ceilings and all that stuff. he said leading this country to financial ruin right now, he talked about, and warned even when these days of chaos come afterwards, you better be armed about it. nobody knows if or when the fiscal collapse will come. but if the country is broke, there's likely to be not enough money to pay for police protection, and the american people know it. when wayne lapierre testified before congress, he emphasized this fear, that people have got to protect themselves from marauding mobs and the government might not be able to do the job. let's listen to him on that point again. >> i also think though that what people all over the country fear today is being abandoned by their government. if a tornado hits, if a hurricane hits, if a riot occurs, that they're going to be out there alone, and the only way they're going to protect themselves in the cold, in the dark, when they're vulnerable, is with a five arm. >> you know, congressman, what he's really appealing to here, if you have studied the g
ceilings and all that stuff. he said leading this country to financial ruin right now, he talked about, and warned even when these days of chaos come afterwards, you better be armed about it. nobody knows if or when the fiscal collapse will come. but if the country is broke, there's likely to be not enough money to pay for police protection, and the american people know it. when wayne lapierre testified before congress, he emphasized this fear, that people have got to protect themselves from...
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Feb 20, 2013
02/13
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it's relentless, the fiscal abyss, the debt ceiling. different words, different deadlines all detonate the same explosion. they threaten to crash the government if they don't like the way it's doing something. if they don't like who the american people have elected as republican. isn't what the republicans did in the old days? if they didn't like a government somewhere, guatemala, iran, chile, they just brought it down. guess what? republicans are now using the same tactic here at home. if they don't like who we have elected as president, they find some way to undermine the president. whatever it takes to destroy it. we are using in this country the same old cold war cia tactics to destabilize our own country. look at the impact this constant threats to shut down the government have been having on public confidence. it's all in the ratings. it's undermining it, making people forever nervous about the basic ability of america to even have a running government. that patriotic? i don't think so. that's "hardball" for now. thanks for being
it's relentless, the fiscal abyss, the debt ceiling. different words, different deadlines all detonate the same explosion. they threaten to crash the government if they don't like the way it's doing something. if they don't like who the american people have elected as republican. isn't what the republicans did in the old days? if they didn't like a government somewhere, guatemala, iran, chile, they just brought it down. guess what? republicans are now using the same tactic here at home. if they...
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Feb 20, 2013
02/13
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you know, we entered into this when we were trying to raise the debt ceiling. they insisted on tremendous cuts and so we worked out something to kick the can down the road, to pay the bills of the government. and to deal with this at a later time. we thought that this would be so awesome that they would see the light by the time we got to this point. and they would join with us in coming up with a way by which to get revenue in and to pay down the debt. and do incredible balancing of the budget this way. but no, they're saying let it kick in. we don't care. we don't care if we prevent young kids from having a head start practice. we don't care if we endanger this country by not paying for our first responders who have the responsibility for our safety and security. we don't care if the food does not get inspected. this is serious! >> stephanie: i'll say. boy, when it comes at a time when again, for the first time in history as you say we got here because for the first time in history, they literally threaten toed have the united states go into default and tie i
you know, we entered into this when we were trying to raise the debt ceiling. they insisted on tremendous cuts and so we worked out something to kick the can down the road, to pay the bills of the government. and to deal with this at a later time. we thought that this would be so awesome that they would see the light by the time we got to this point. and they would join with us in coming up with a way by which to get revenue in and to pay down the debt. and do incredible balancing of the budget...
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Feb 21, 2013
02/13
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he signed the bill because it was the only way they could avoid the debt ceiling. john boehner said when the sequester passed, peter get your head out of your ass. he said he got 98% of what he wanted in the sequester. it is john boehner's baby. ann's calling from buffalo new york. >> caller: good morning. i think the last caller answered part of my question. is anybody following up on what the constituents of these republicans are saying now that they're home doing their town meetings or whatever? >> bill: first of all ann, if you think they're home doing their town meetings, i got a bridge i'll sell you. they're on the beach somewhere. i think they're not listening ann. i think that's the point. they're not listening to the constituents or they wouldn't support the sequester. >> caller: okay. another thing dawned on me. the news i'm hearing is oh, you know this sequester is terrible. it is terrible. it is obama's idea but isn't it a good idea? >> bill: the sequester? no it's not a good idea to take a meat ax -- you wouldn't do it to your family budget. no busines
he signed the bill because it was the only way they could avoid the debt ceiling. john boehner said when the sequester passed, peter get your head out of your ass. he said he got 98% of what he wanted in the sequester. it is john boehner's baby. ann's calling from buffalo new york. >> caller: good morning. i think the last caller answered part of my question. is anybody following up on what the constituents of these republicans are saying now that they're home doing their town meetings or...
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Feb 19, 2013
02/13
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the package of cuts came from the 2011 debt ceiling deal, and it was never meant to go into effect. during the presidential campaign, mr. obama said as much. >> it will not happen. >> reporter: but congress has not been table to reach a compromise that would replace these cuts with smarter deficit reduction. so the sword is about to fall. among the immediate effects, funding cuts for 70,000 kids on head start, possible five-hour waits to get through security at the airport, deployment of one aircraft carrier has been postponed, and the navy has suspended overhaul of another. that's not to mention temporary layoffs, including first responders, like the ones behind the president. >> now, if congress allowed this meat cleaver approach to take place, it will jeopardize our military readiness, it will eviscerate job-creatie ining investment. >> reporter: in a statement, senator mitch mcconnell slammed the president, saying today's event at the white house proves, once again, that more than three months after the november election, president obama still prefers campaign events to common s
the package of cuts came from the 2011 debt ceiling deal, and it was never meant to go into effect. during the presidential campaign, mr. obama said as much. >> it will not happen. >> reporter: but congress has not been table to reach a compromise that would replace these cuts with smarter deficit reduction. so the sword is about to fall. among the immediate effects, funding cuts for 70,000 kids on head start, possible five-hour waits to get through security at the airport,...